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Discuss the Kinds of Data Collected by the Applied Research

question 58

Essay

Discuss the kinds of data collected by the applied research project that seeks to provide risk assessment and improved service delivery for pastoralists.


Definitions:

Save

Setting aside money or other resources for future use or in case of emergencies.

Consume

The action of using up goods or services, thus leading to a reduction in available quantity.

GDP

The entirety of value generated from goods and services within a country's borders throughout a specific duration sums up what is known as the Gross Domestic Product.

Government Purchases

Expenditures by government for goods and services that directly satisfy collective needs or affect the economy’s total demand.

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